比特币（BTC）和Altcoins面临大量市场抛售

加密货币市场经历了急剧下滑，比特币（BTC）和Altcoins面临巨大的损失。在波动的市场条件下，投资者陷入损失。

Cryptocurrency prices plunged on Monday evening, continuing a sell-off that has gripped the digital asset market for the past two weeks.

加密货币价格在周一晚上暴跌，继续售罄，在过去的两周中，数字资产市场席卷了数字资产市场。

Bitcoin (CRYPTO: BTC) briefly dipped below the $93,000 level before recovering to trade above $98,000. At press time, BTC was trading down 1.3% over the past 24 hours.

比特币（Crypto：BTC）短暂下跌至93,000美元以下，然后恢复到超过$ 98,000的交易。在发稿时，BTC在过去24小时内下跌了1.3％。

After rallying to an all-time high of over $110,000 in late January, Bitcoin has now lost more than $12,000 from its peak price.

在1月下旬的有史以来高涨110,000美元的历史最高点之后，比特币现在从高峰价格损失了12,000多美元。

The sell-off in Bitcoin follows a sharp rally that saw the apex cryptocurrency multiply in value by more than 3 times since the beginning of 2025.

比特币中的抛售是自2025年初以来的高端加密货币的急剧集会，其价值倍增了3倍以上。

Despite the recent decline, Bitcoin is still up more than 20% year-to-date and on track for its best performing January since 2017.

尽管最近有所下降，但比特币始终增长20％以上，并以自2017年1月的表现最佳。

Altcoins Feel the Heat: A Deep Dive into the Sell-Off Pressure

山寨币感到热量：深入探索售罄的压力

The sell-off in Bitcoin has also impacted the broader cryptocurrency market, with altcoins facing significant losses.

比特币的抛售也影响了更广泛的加密货币市场，山寨币面临巨大的损失。

According to data from CoinGecko, the total cryptocurrency market cap fell by more than $200 billion over the past two weeks.

根据Coingecko的数据，在过去的两周中，加密货币市值下降了超过2000亿美元。

The sell-off in altcoins has been particularly severe, with many tokens struggling to achieve adoption or product-market fit.

AltCoins的抛售特别严重，许多令牌努力以实现收养或产品市场拟合。

This has led to a widespread collapse in token prices, with all altcoin sub-sectors underperforming Bitcoin in recent weeks.

这导致了代币价格广泛崩溃，最近几周，所有Altcoin子行业都表现不佳。

A Principal Component Analysis (PCA) of token returns shows a lack of idiosyncratic behavior, indicating that tokens moved lower in a correlated manner.

代币回报的主成分分析（PCA）表明缺乏特质行为，表明令牌以相关方式移动较低。

The sell-off in altcoins has also varied in intensity across different timeframes.

在不同时间范围内，AltCoins的抛售也有所不同。

Over the past 30 days, Solana (CRYPTO: SOL) and Filecoin (CRYPTO: FIL) were among the worst performers, while ApeCoin (CRYPTO: APE) and Lido DAO (CRYPTO: LDO) led the gainers.

在过去的30天中，Solana（Crypto：Sol）和Filecoin（Crypto：FIL）是表现最差的人之一，而Apecoin（Crypto：APE）和Lido Dao（Crypto：LDO）领导了获利者。

However, over the longer term, Solana and Filecoin outperformed ApeCoin and Lido DAO, which have both declined from their all-time highs.

但是，从长远来看，Solana和Filecoin的表现优于Apecoin和Lido Dao，它们都从历史最高点下降了。

Solana is currently trading down more than 80% from its all-time high of over $260, while Filecoin is down more than 90% from its all-time high of over $230.

Solana目前的交易价格低于其历史最高260美元以上的80％以上，而Filecoin的交易价格低于其历史最高高度超过230美元的90％以上。

Meanwhile, ApeCoin has rallied by more than 1,200% since its launch in March 2023 and Lido DAO is up over 3,800% from its all-time low in December 2022.

同时，自2023年3月推出以来，Apecoin的涨势超过1200％，Lido Dao比2022年12月的历史最低点增长了3,800％以上。